Feb 20, 2013, 09.28 AM | Source: CNBC-TV18

Stocks in news: Guj NRE, Pantaloon, HCL Tech, Binani Ind

Raymond | Gujarat NRE Coke | GVK Power | Jet Airways | Pantaloon Retail | HCL Tech | Binani Industries | Future Ventures | ICICI Bank | Hathway Cables and Reliance Industries are stocks, which are in the news today.

Here are stocks that are in news today:

Results Today: Nestle India, Abbott India, Rain Commodities

Hathway Cables
-Reliance Capital Trustee buys 0.83 percent stake in company at Rs 236.80/share
-Ups take to 7.4 percent from 6.58 percent

The Children's Investment Fund (TCI):
-Writes to board of Coal India (CIL) demanding higher dividends
-Reiterates charges against Coal India directors
TCI says:
-Coal India hoarding cash above realistic biz needs
-CIL failed to deliver decent returns since listing in 2010
-Share price been flat due to mismanagement of resources
-CIL has capacity to pay out 100 percent of its PAT in dividends
-CIL's cash balance should be used for higher dividends
-CIL's cash balance should be used for share buybacks

-To invest over USD 5 billion in 3-5 year to raise KG-D6 gas output
-Update government on KG-D6 block enhancement plan
-Plan to develop 4 trillion cubic feet (tcf) natural gas resources from KG-D6

Jaguar Land Rover (JLR) (subsidiary of Tata Motors ) developing 2 Litre diesel engine for new SUV: CNBC-TV18 Exclusive (Sources)
-Proposed SUV to be smallest from JLR till date
Alert: Currently JLR's Evoque has the smallest engine of 2.2 litre diesel
-New SUV may be big volume driver for JLR in emerging markets
-Project part of collaborative work between JLR & Tata Motors
-JLR & Tata collaborating in area of vehicle hybridisation

JLR spokesman:
-Have announced plans of new engine plant at Wolverhampton
-New engine plant looking to develop smaller engines

CCI to consider clearance to 12 coal projects today: PTI
-May take up reallocation of NTPC's North Karanpura project

ICICI Bank CMD Chanda Kochhar:
-Have got licence for infra debt fund
-Infra debt fund has equity capital of Rs 300 crore
-NBFC includes LIC, Bank Of Baroda, ICICI Bank & Citibank
-Infra debt fund can finance projects up to USD 2 billion

MCX-SX says
-Incentives for equity segment to offset around 64 percent of STT charges
-Incentives for stock futures to offset around 37 percent of STT
-To waive transaction cost & additional incentive of 50 percent of cost on passive orders

BSE forms strategic partnership with S&P
-All BSE indices to be co-branded along with S&P
-BSE MD: Sensex to be renamed S&P BSE Sensex

Other stocks and sectors that are in news today:
- Raymond : Bombay HC approves demerger of Jalgaon unit into Raymond w.e.f. April 1, 2012
-AAI asks Kingfisher to pay Rs 390 crore in dues before resuming operations: PTI
- Indian Overseas Bank to allot 12.7 crore shares to govt at Rs 78.68/share
- United Bank to cut base rate by 20 bps to 10.25 percent w.e.f. February 25
- Gujarat NRE Coke board okays issue of FCCBs worth up to USD 60 million
- GVK Power promoter Krishnaram Bhupal cuts 2.1 percent stake to 9.58 percent via off-market disposal
-Other flyers follow Jet in slashing air fares, Jet offers 40-60 percent discount
-Investor group opposes demerger of fashion biz by Pantaloon Retail , says would dilute voting rights: ET
-Reader’s Digest bankruptcy may affect HCL Tech (company has USD 350 million deal contact with RDA for 7 years)
- Binani Industries plans to sell 40 percent stake in cement subsidiary: ET
- Lanco Infratech looking to sell 3 power projects to its Malaysian partner Genting: BS
- Future Ventures frontrunner to acquire Spykar: TOI

Set email alert for
Hathway Cable Coal India Reliance
Tata Motors ICICI Bank Kingfisher Air
IOB United Bank Guj NRE Coke
GVK Power Jet Airways HCL Tech
Future Retail Binani Ind Lanco Infratech
Future Consumer


video of the day

Like Bank Nifty; mkt has strong support at 7700: PhillipCap

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.